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BoC Opens the Door to Rate Hikes: What It Means for Your Mortgage

  Published September 4, 2026 The Bank of Canada held its policy rate at 2.25% on September 2 — the seventh straight hold — but Governor Tiff Macklem didn't sound like a central banker done for the year. He told reporters the Bank is "prepared to raise interest rates, and if it takes more than one increase, we're prepared to do that," if inflation stays too high. That's a real shift in tone, and it lands right as a wave of Canadians hit their mortgage renewal date. Here's what changed, who's forecasting what, and what it actually means for your payment. Why the Bank Suddenly Sounds Hawkish Canada's annual inflation rate has climbed to around 3% — a full point above the Bank's 2% target — and the Bank is pointing squarely at energy prices. Oil has stayed elevated because of the Iran conflict and disruption near the Strait of Hormuz, pushing gas prices up and dragging headline CPI with it. Core inflation, which strips out food and energy, is still s...
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Trump’s Contentious Q&A with Black Journalists Sparks Outrage on Social Media

 

Former President Donald Trump found himself at the center of a heated controversy following a contentious Q&A session at the National Association of Black Journalists (NABJ) convention in 2024. The event, intended to foster dialogue between Trump and Black journalists, quickly devolved into a tense exchange that left many attendees and viewers outraged.

The session began with Trump addressing the crowd, but it soon turned confrontational as reporters pressed him on various issues. One of the most contentious moments arose when Trump was questioned about his past comments on Vice President Kamala Harris's racial identity. His responses, seen by many as dismissive and offensive, only fueled the tension in the room.

Reporters also challenged Trump on his stance on immigration and job creation, particularly in Black communities. His responses were perceived as evasive and insensitive, further aggravating the situation. The atmosphere grew increasingly charged, with voices raised and tempers flaring.

Social media platforms quickly became a hotbed of reactions, with many users expressing their anger and frustration over Trump's handling of the questions. Hashtags related to the event trended as people shared clips and comments from the session. Critics accused Trump of being out of touch and disrespectful, while his supporters defended his performance, arguing that he was being unfairly targeted.

Prominent figures in journalism and politics weighed in on the incident. Some praised the journalists for holding Trump accountable, while others lamented the lack of productive dialogue. The incident has sparked a broader conversation about race, media, and political discourse in the current climate.

As the dust settles, the fallout from Trump's Q&A disaster at the NABJ convention is likely to continue, serving as a stark reminder of the deep divisions and heightened emotions that characterize the current political landscape.

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